Is Madison County Financial Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Madison County Financial Inc (MCBK) is currently classified as NOT HALAL as of January 2023. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Madison County Financial Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Madison County Financial Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Madison County Financial Inc?

Muslim investors may consider investing in Madison County Financial Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Madison County Financial Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Madison County Financial Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Madison County Financial Inc updated?

The Shariah compliance status of Madison County Financial Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Madison County Financial Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Madison County Financial Inc?

You can check the latest Shariah compliance status of Madison County Financial Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

MCBK Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 31, 2023

Report Source: 2022 3rd Quarter Report

Madison County Financial Inc. Stock Analysis MCBK

United States Financials Micro Cap Report: Q3, 2022

Madison County Financial, Inc. is a holding company for Madison County Bank. The company is headquartered in Madison Nebraska, Nebraska. The company went IPO on 2012-10-04. The Bank is engaged in providing a full range of banking and financial services to individual and corporate customers in the areas surrounding Madison, Nebraska. The Bank's services include agriculture and business, and personal. The Bank's agriculture and business services include online banking, mobile banking, checking, merchant services, commercial loans, agriculture loans, business credit card, and business debit card. The Bank’s personal services include personal, online banking, mobile banking, checking, savings & health savings accounts (HSAs), home loans, certificates of deposits (CDs) & individual retirement accounts (IRAs), and debit cards. The Bank’s commercial loans include commercial real estate loans, construction loans, equipment financing and working capital loans. The Bank’s agriculture loans include agriculture real estate loans, machinery & equipment loans, and operating loans.

Key Statistics of Madison County Financial Inc (MCBK)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$30.36$30.36

Today's Open

$30.36

Volume

118.00

P/E Ratio (TTM)

14.67

52 Week Range

$25.00$34.45

Market Cap

95.05M

Avg. Volume

628.15

Dividend Yield

3.27%

Financial Metrics & Statements of Madison County Financial Inc (MCBK)

FAQ's for Madison County Financial Inc (MCBK)

According to Musaffa’s Shariah screening methodology, Madison County Financial Inc (MCBK) is currently classified as NOT HALAL as of January 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.